Strengthening the Objectivity of Director Appointments and Compensation through the Nomination and Compensation Committee
First written in FY2023. 7 of 9 entries say "Advanced", first in FY2024. Latest entry: 2026-10-08.
- FY2026AdvancedAnnual report
「The Nomination and Compensation Committee changed its membership to comprise only independent outside officers and strengthened its role. It is working to clarify the process for selecting directors and establish an overall CEO succession plan.」
The Nomination and Compensation Committee has changed to a structure consisting solely of independent outside officers, advancing efforts to strengthen the objectivity and transparency of the director selection process, CEO succession planning, and compensation-setting process. - FY2024AdvancedAnnual report
「During the current fiscal year, the Company held the Nomination and Compensation Committee four times, in May 2023, June 2023, December 2023 and January 2024,」
The Nomination and Compensation Committee met 4 times during the fiscal year to deliberate on director candidates, compensation policies and systems, appointment and dismissal criteria, succession plans, evaluation systems and nomination procedures. - FY2023First statedAnnual report
「The purpose is to enhance the independence and objectivity of the board of directors’ functions relating to the nomination and compensation of directors, strengthen accountability and enhance the company’s corporate governance. The committee deliberates on matters including proposals for the appointment and dismissal of directors, as well as the directors’ compensation system and evaluations.」
For the voluntary nomination and compensation committee established in August 2022, the Company disclosed its function of deliberating nomination procedures, compensation systems, evaluations, and succession planning.